|                                               |   |  |                                                           | Wall Street ends down after no Fed policy changes |                                | NEW YORK (Reuters) - Stocks fell on Wednesday on disappointment   the Federal Reserve offered no new measures to stimulate the   economy and after a computer glitch at a brokerage triggered   volatility shortly after the open. |  |  |                                                |                                                           |   |  |                                                                       | Fed says economy may need help, keeps policy on hold |                                      | WASHINGTON (Reuters) - The Federal Reserve stopped short of offering   new monetary stimulus on Wednesday even as it signaled more   strongly that further bond buying could be in store to help   a economic recovery that it said had lost momentum this year. |  |  |  |                                                |                                                           |    |  |                                                                       | MetLife profit doubles on derivatives gain |                                      | (Reuters) - Profit at MetLife Inc , the largest U.S. life insurer,   doubled in the second quarter after a huge gain on derivatives   tied to falling interest rates, and operating results beat Wall   Street expectations on double-digit growth in the Americas. |  |  |  |                                                |                                                           |   |  |                                                                       | U.S. auto sales remain soft in July |                                      | DETROIT (Reuters) - Major automakers reported U.S. auto sales   for July that were somewhat softer than expected as high U.S.   unemployment and weak consumer confidence kept would-be buyers   on the sidelines. |  |  |  |                                                |                                                           |   |  |                                                                       | U.S. raises pressure for euro zone crisis action |                                      | FRANKFURT/BERLIN (Reuters) - The United States raised pressure   on euro zone leaders to take decisive action to solve the region's   debt crisis, notably by lowering troubled members' borrowing   costs, on the eve of a crucial European Central Bank meeting. |  |  |  |                                                |                                                           |   |  |                                                                       | Madoff trustee seeks to block $410 million Merkin accord |                                      | NEW YORK (Reuters) - The trustee seeking money for victims of   Bernard Madoff's fraud is trying to block a $410 million settlement   resolving New York's claims against a money manager accused   of secretly steering client money to Madoff. |  |  |  |                                                |                                                           |   |  |                                                                       | BlackRock reorganizes, adds senior leadership |                                      | NEW YORK (Reuters) - BlackRock Inc  on Wednesday announced that   it has expanded its senior leadership team and reorganized its   investment and client-facing businesses in an effort to grow   its business. |  |  |  |                                                |   |  |                                                           | Lenovo executive dismisses Nokia bid talk as "joke" |                                | HELSINKI (Reuters) - A senior executive at Chinese personal computer   maker Lenovo dismissed market speculation that the company was   interested in buying struggling Finnish cellphone maker Nokia   as a "joke." |  |  |  |                                               |  |                          |                                                           |  |                                |  |                                |                                                                       | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today |  |  |                                |  |  |                          |                                                           |  |                                |  |                                |                                                                       | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today |  |  |                                |  |  |                          | » MORE NEWSLETTERS |  | 
              
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